[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 28 KB, 338x374, pink wojak ripple.jpg [View same] [iqdb] [saucenao] [google]
5609688 No.5609688 [Reply] [Original]

>bought at $1.00
>/biz/ said it was a shitcoin
>saw the price dropping
>decided to sell at $0.96
>now it's over $2.00

THIS IS NOT MY FAULT
IN FACT, THE FAULT RESTS ON YOUR SHOULDERS

>> No.5609714

>>5609688
Chop off your weak hands retard

>> No.5609748
File: 228 KB, 1488x996, ripple comp.jpg [View same] [iqdb] [saucenao] [google]
5609748

you listen to the wrong people, a coin with such fundamentals is a solid hodl

--

-The supply is fixed. There's no inflation.

-The current transaction cost for a standard transaction is just 0.00001 XRP.

-The transaction cost is not paid to any party: the XRP is irrevocably destroyed.

-Ripple consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.


-Ripple Labs's share is locked in 55 batches, only one batch can be unlocked per month. It would take them 5 years to unlock them all. This makes their incentives 100% aligned with XRP holders. Ripple Labs is always working on creating new partnerships and expanding XRP's marketshare.


-Ripple doesn't use proof-of-work anywhere which requires inflation and/or outrageous fees (like Bitcoin)


-Ripple is more decentralized than Bitcoin. With Bitcoin, you have no choice but to trust whoever purchased the most hashing power (currently it's a chinese company called Bitmain). With Ripple, you can run your own validator and setup your own trusted validators list. 10s of non related reputable public and private entities around the world are currently running validators (e.g., MIT, Microsoft, ..etc), many more keep joining.


-The software is open-source (Stellar was a fork of Ripple).

>> No.5609750
File: 170 KB, 500x500, 1513551947232.png [View same] [iqdb] [saucenao] [google]
5609750

>>5609688
>TFW $40 STUCK IN RIPPLE WALLET FOREVER

>> No.5609752

>>5609688
Buy in now or be left off of coinbase.

>> No.5609784

if biz is against a coin its most likely going to moon

>> No.5609785
File: 180 KB, 485x513, A5CF3FAE-689B-44FF-84AF-107CEB70048C.png [View same] [iqdb] [saucenao] [google]
5609785

I bought 5100 XRP at an average of $0.71. Get your weak hands outta here

>> No.5609796
File: 207 KB, 1338x1358, ripple payment spec 3.png [View same] [iqdb] [saucenao] [google]
5609796

...

>> No.5609830

>implying normies aren't buying Ripple because the logo is a fidget spinner

>> No.5609938

>>5609688
>paying attention to /biz/
You foolish fool!
>>5609784
Pretty much this, as long as it doesn't have an absolutely retarded name. Even then, you never know.
I went all in on poe.et solely because it was the cheapest coin on binance and just woke up to +50%.

>> No.5610081
File: 119 KB, 700x442, VROOOOM.jpg [View same] [iqdb] [saucenao] [google]
5610081

>>5609688
It's not /biz/'s fault that your hands are weak as shit

>> No.5610344
File: 31 KB, 418x469, 3216548254.jpg [View same] [iqdb] [saucenao] [google]
5610344

>>5609830
>the logo is a fidget spinner
That was the sole reason I bought into it.

Cute af.

>> No.5610424

>>5610344
Disgusting monkey.

>> No.5610558
File: 61 KB, 758x516, muhmarketcap.png [View same] [iqdb] [saucenao] [google]
5610558

>>5609688
>bought high
>sold low
>listening to /biz/ ever
You deserve it.

>> No.5610586

>>5610081
why did you change the chainlink logo I put on his head to bazingacoin